Wednesday, December 29, 2010

This is just one key feature of the GOP's playbook: CUT/GO. Under CUT/GO, all new spending has to be paid for, but tax cuts do not. Additionally any new spending must be paid for with parallel spending cuts elsewhere in the budget -- not with tax hikes. So unemployment benefits couldn't be paid for by closing a corporate tax loophole. But a corporate tax loophole could be widened without requiring any offsets.

You think the teabaggers will scream about this? Of course they won't. They are just as insincere as the Republicans, for whom they are the extremist wingnut base.